Union Human Resource Development (HRD) minister Prakash Javadekar has inaugurated the world’s largest digital national building initiative “Smart India Hackathon 2017” by handing over a torch to technology students.

The ‘Smart India Hackathon 2017′ is a pan-India 36-hour nonstop digital programming competition which will take place in more than 20 centres simultaneously.

The Hackathon will have nearly 500 problem statements in all which will be published on innovate.mygov.in.

The Union Minister of State(I/C) for Skill Development and Entrepreneurship Rajiv Pratap Rudy has launched “Pradhan Mantri Yuva Yojana” (PMYY) to scale up an ecosystem of entrepreneurship for youngsters.

PMYY is MSDE’s flagship scheme on entrepreneurship education and training.

The scheme spans over five years with a project cost of 499.94 crore rupees.

It will provide entrepreneurship education and training to over 7 lakh students in 5 years through 3,050 institutes.

He served in Prime Minister Rajiv Gandhi’s cabinet as Minister for External Affairs in 1986–1987.

Tiwari was serving as Governor of Andhra Pradesh from 2007 until 2009, when he was forced to resign following a sex scandal.

FDI increases by 77.5% to $ 5.15 billion this year in Sep

The Foreign Direct Investment (FDI) in the country increased by 77.5% to 5.15 billion Dollar in September this year.

According to the data of the Department of Industrial Policy and Promotion, the FDI had stood at 2.9 billion Dollar in September last year.

Services received the maximum FDI of 2.29 billion dollar during the first half of this fiscal, followed by telecommunications, trading, computer software and hardware and automobile.

RBI hands over WB govt list of 194 entities raising money illegally

The market intelligence wing of the Reserve Bank of India (RBI) has handed over to the West Bengal finance department a list of 194 dubious financial entities still collecting deposits illegally from the state.

RBI has also cautioned the state government that in absence of an immediate crackdown, the activities of such entities can trigger another Saradha-like financial scam.

The apex bank has also handed over to the state government supportive documents about these 194 dubious entities.

Sharapova to return as UN goodwill ambassador

According to the United Nation (UN), Russian Tennis star Maria Sharapova will be once again goodwill ambassador when her doping ban expires in April next year and she returns to International Tennis competition.

The UN Development Programme (UNDP) appointed the tennis star as a goodwill ambassador in February 2007, but suspended her in March after her she failed a drug test.

Earlier, Sharapova’s 24 months ban for testing positive for Meldonium was cut to 15 months by the Lausanne-based Court of Arbitration for sport.

Note:

Maria Yuryevna Sharapova is a Russian professional tennis player.

She has earned the Silver medal for Russia in women’s singles at the 2012 Summer Olympics in London.

Sharapova won 35 singles titles and five Grand Slam titles (French Open-2 , one each at the Australian Open, Wimbledon, and US Open).